MEMORANDUM OF UNDERSTANDINGAci Worldwide, Inc. • October 29th, 2013 • Services-prepackaged software
Company FiledOctober 29th, 2013 IndustryThis Memorandum of Understanding (the “Memorandum”) is entered into as of October 27, 2013, by and among the undersigned parties to Williams v. Official Payments Holdings, et al., Case No. 8970-CS (the “Delaware Action”), pending before the Court of Chancery of the State of Delaware (the “Court”), and Giachero v. Official Payments Holdings Inc., et al., Case No. 13-A-08794-8, pending before the Superior Court of Gwinnet County of the State of Georgia (the “Georgia Action,” and together with the Delaware Action, the “Actions”). Plaintiffs in the Delaware and Georgia Actions are referred to herein as “Plaintiffs” and their counsel, individually and collectively, as “Plaintiffs’ Counsel.” Defendants in the Delaware Action are collectively referred to herein as “Defendants” and their counsel as “Defendants’ Counsel.”